MediaPal Named Among 2022 Top Multichannel Marketing Providers by Martech Outlook
MediaPal, a Kenyan ad-tech firm has been listed among the top multi-channel marketing solutions providers. The award, by Martech Outlook-a US magazine, recognizes the ten best companies at the forefront [...]
U.S Inflation climbed to 8.5% in March, Highest Rate since 1981
U.S. consumer price increases quickened in March, underscoring ongoing inflation pressures as supply chain disruptions and shortages lingered across the economy. The Bureau of Labor Statistics (BLS) Consumer Price Index [...]
IFC to invest $15M in Egypt’s Algebra Ventures
The International Finance Cooperation (IFC) has pledged a $15 Million investment in Egypt’s Algebra Ventures. IFC intends to support the growth of approximately 20 technology start-ups, primarily in Egypt but [...]Honda to Invest $40 Billion in Electric Vehicles in the Next 10 Years
Japanese automaker Honda has announced plans to invest $40 billion into electric vehicle technology in the next ten years, even as it seeks to switch all sales away from traditional [...]
Twitter Shares Decline as Elon Musk Declines Plans to Join Board
Twitter shares fell Monday morning after CEO Parag Agrawal revealed that Elon Musk has abandoned his plan to join the company’s board. Elon bought 73.5 million Twitter shares on March 14 — a [...]Scope Markets Appoints New CEO
Scope Markets Kenya, a licensed non-dealing online foreign exchange broker, has announced the appointment of Alex Karanja Njoroge as its Executive Director and Chief Executive officer. Also appointed is Kenneth [...]Algeria Aligns Itself to Become Italy's Main Supplier of Gas
Algeria is aligning itself to boost gas exports to Italy by 50%,seeking to become Italy's main supplier of gas. The North African nation will aim to increase supplies to Italy [...]Russia Adds $3.5 Billion from Gas Profits to its Emergency Spending Fund
The Government of Russia has added $3.52 billion to its emergency spending fund, seeking to ensure economic stability amidst Western sanctions. The sanctions, imposed after Russia invaded Ukraine on 24th [...]Video; Interview With Rene Reinsberg, Co-Founder and President of CELO
On the sidelines of the inaugural #CeloConnect conference in Barcelona, our team in partnership with BitKe interviewed Rene Reinsberg, the Founder and President of CELO Foundation. In this interview, Rene [...]
Kenya-Focused Social E-Commerce Startup Elloe Secures Pre-Seed Funding
Elloe, a US-based social e-commerce startup focused on Kenya and emerging markets, has secured an undisclosed amount in pre-Seed funding round. Investors who led the funding round were the Philippines’ [...]JetBlue Airways Offers to Buy Spirit Airlines for $3.6 Billion
New York-based low cost airline, JetBlue Airways has offered to purchase all outstanding shares of Spirit Airlines, the fourth-largest carrier at Philadelphia International Airport (PHL), for $3.6 billion. The offer rivals that [...]Shell to Shoulder $5 Billion Loss after Russia Exit
Shell is set to incur a $5 billion loss when it relinquishes it assets in Russia as part of plans to withdraw from the country. The company has pledged to [...]
